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The Republican-controlled house and senates of Kansas voted to increase taxes and to override the governor's veto of a bill to increase taxes.
The current governor pushed through tax cuts, intended to grow Kansas' economy, but during the tax cuts, Kansas' growth was lower than the country's overall growth.
The increase follows years in which the state was unable to balance its budget, and the funding for education was found to be unconstitutionally low.
In my view, state budgets are likely to take a hit from Trump's stealth tax increase: by reducing funding for programs and forcing the states to step in, the states will have to find extra money to fill the gaps.
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Kansas' Experiment with Reducing Taxes Ends in Failure, Republicans Override the Governor's Veto
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New crypt. See /usr/news/crypt.
(Score: 4, Touché) by DannyB on Thursday June 08 2017, @04:42PM (3 children)
Brownback is a republican. Cut taxes. So he did. To an extreme and ridiculous level.
Plenty of us predicted this would not work out. But I don't go fully into it because I'm trying to keep this short.
On March 2, the Kansas Supreme Court said that Yes, Kansas actually is a gunna has to pay foe public schools to edumacate the chillens. [nytimes.com].
The money must come from somewhere. OMG, we have to raise taxes back to a level that can fund public education. So the legislators did so. But this is just wrong on so many levels. With public education now funded, our poor children will learn about evil things like (gasp) Sex Education. And Birth Control. And Eviloution. And Climate Change. And all kinds of other things that are of the devil. All that learnin' when they should be stayin' home and workin' on dah farm.
Think of the children!
I hope that is a helpful summary.
The lower I set my standards the more accomplishments I have.
(Score: 2) by SanityCheck on Thursday June 08 2017, @05:57PM (2 children)
I mean if shit like this happens is it unethical to put your house on market claiming low taxes etc etc, and flee the state before shit hits the fan, fuck-all the sucker who bought your house?
(Score: 2) by DannyB on Thursday June 08 2017, @06:08PM (1 child)
People with l33t math skillz, who understand addition and subtraction, were able to abstractly model taxes and spending, and understand that this wouldn't last. And it didn't.
The lower I set my standards the more accomplishments I have.
(Score: 0) by Anonymous Coward on Thursday June 08 2017, @07:20PM
Don' be trustin no expuurts naw.